Registration number: 07121939

Panad Site Services Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Panad Site Services Ltd

(Registration number: 07121939)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	22,434	24,579
Current assets
Stocks	5	7,500	7,500
Debtors	6	1,192,444	1,057,081
Cash at bank and in hand		13,684	52,393
		1,213,628	1,116,974
Creditors: Amounts falling due within one year	7	(1,092,145)	(977,872)
Net current assets		121,483	139,102
Total assets less current liabilities		143,917	163,681
Creditors: Amounts falling due after more than one year	7	(12,850)	(27,665)
Net assets		131,067	136,016
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		130,067	135,016
Shareholders' funds		131,067	136,016

Panad Site Services Ltd

(Registration number: 07121939)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 November 2025 and signed on its behalf by:
 

......................................... Mr J Goodier Director

Panad Site Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The principal place of business is:
18 Macon Court
Crewe
Cheshire
CW1 1EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises of current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Panad Site Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 161 (2024 - 178).

Panad Site Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Motor vehicles  £	Plant and equipment  £	Total £
Cost or valuation
At 1 April 2024	63,230	16,303	79,533
Additions	4,000	-	4,000
At 31 March 2025	67,230	16,303	83,533
Depreciation
At 1 April 2024	40,938	14,016	54,954
Charge for the year	5,573	572	6,145
At 31 March 2025	46,511	14,588	61,099
Carrying amount
At 31 March 2025	20,719	1,715	22,434
At 31 March 2024	22,292	2,287	24,579

5

Stocks

	2025 £	2024 £
Other inventories	7,500	7,500

6

Debtors

Current	2025 £	2024 £
Trade debtors	1,161,433	1,020,646
Other debtors	31,011	36,435
	1,192,444	1,057,081

Panad Site Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Due within one year
Loans and borrowings		14,814	14,559
Trade creditors		167,758	33,219
Taxation and social security		377,162	394,010
Accruals and deferred income		-	600
Other creditors		532,411	535,484
		1,092,145	977,872

Included in other creditors is an amount of £491,831 (2024: £483,090) which is secured on the trade debtors of the company.

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,266	10,012
HP and finance lease liabilities	4,548	4,547
	14,814	14,559

Creditors: amounts falling due after more than one year

		2025 £	2024 £
Due after one year
Loans and borrowings		12,850	27,665